Joseph Nguyen is a contributing author at Investopedia and a research analyst with experience at a securities brokerage firm. Charlene Rhinehart is a CPA , CFE, chair of an Illinois CPA Society ...

A balance sheet is a financial statement that provides a snapshot of a company’s assets, liabilities, and shareholder’s equity. A balance sheet is a type of financial statement. It gives you an ...

A balance sheet shows a company's assets, liabilities, and shareholder equity at that point in time. Learn how they work, how to read one, and why they're important.